13 Best Solar Companies in Hadley, MA (Aug 2022 Review)

The Cost and Benefits of Solar in Hadley

The cost of installing a solar panel system has gone down greatly in the past several years, but it's still a significant investment for most homeowners. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 26% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $20,000 over the first 20 years with your solar system, too.
• Electricity consumption: The average home in Hadley doesn't use much energy, and consequently may not see as many savings on their power bills.
• Your income and budget: This determines what model of solar panels you can get.
• How much energy costs for you: If your local electricity rates are high, there's a good chance you'll see a higher return on your investment in a solar system. In Hadley, you can save an average of $80 a month on your electricity bills.

There are many wonderful benefits of solar despite the initial cost of installation. It can help the environment and your bank account. Additionally, it can boost the value of your home, giving you even more benefits if you decide to sell your home later.

Solar Incentives in Hadley

One of the great things about installing a solar panel system is receiving incentives from the government. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 26% of how much you paid for your solar installation on your tax return, reducing the amount of taxes you owe that year. Plus, there may be some local incentives that can save you some extra money too. In the table below, you can read about the incentives you qualify for in Hadley.

Environmental Impact of Switching to Solar in Hadley

There are a few main reasons why people are considering solar energy: for the financial and environmental benefits. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Hadley, though. One thing you should consider is your overall carbon footprint. For example, if you spend a lot of time in the car and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. While solar panel manufacturing emits carbon dioxide, the panels make up for it by greatly lowering the amount of CO2 you would have produced if you still used nonrenewable energy. In Hadley, you can reduce your carbon footprint by 40 pounds a year with solar panels. For homeowners who are concerned about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.